Latest news with #FarazKhalid


Business Mayor
12-05-2025
- Business
- Business Mayor
Urban Company ties up with Noon to expand at-home services in UAE, Saudi Arabia
The Gurugram-based company already operates in the UAE and Saudi Arabia through its own app. The partnership will help it grow its customer base by allowing users to book, manage, and rebook service professionals within Noon's digital platform. 'Partnering with Noon marks a step in our mission to bring quality home services to households in the Middle East. With Noon's scale and customer relationships, we're excited to build a seamless, tech-enabled service experience that redefines what great service looks like in Saudi Arabia and the UAE,' said Abhiraj Singh Bhal, chief executive and cofounder, Urban Company. Urban Company primarily functions within two major categories: beauty and wellness, and home repairs and maintenance. In the UAE, it will provide a range of services including cleaning and laundry; AC, plumbing, and electrical repairs; at-home salon, massage, and grooming services for both men and women; as well as babysitting, pet care, ironing, and packing. In Saudi Arabia, the offerings will include home cleaning, maintenance, and at-home massage and nail care services for women. 'With Urban Company's quality and Noon's reach, we're building a new standard for on-demand services — fast, reliable, and built around the customer,' said Faraz Khalid, chief executive, Noon. On April 28, Urban Company filed the draft red herring prospectus (DRHP) for a Rs 1,900-crore initial public offering (IPO). The company has trimmed the overall IPO size from an earlier planned Rs 3,000 crore. Read More Bao Fan: Billionaire tech banker in China reported missing In the first nine months of FY25, Urban Company clocked operating revenue of Rs 846 crore, marking a 41% year-on-year (YoY) growth, ET had reported. The company also turned profitable in this period, posting a net profit of Rs 242 crore, against a loss of Rs 58 crore in April-December 2023.


Time of India
12-05-2025
- Business
- Time of India
Urban Company ties up with Noon to expand at-home services in UAE, Saudi Arabia
At-home services platform Urban Company has partnered with Saudi Arabia-based digital ecommerce platform Noon to deliver home services to users in the UAE and Saudi Arabia through the Noon app. #Operation Sindoor The damage done at Pak bases as India strikes to avenge Pahalgam Why Pakistan pleaded to end hostilities Kashmir's Pahalgam sparks Karachi's nightmare The rollout will begin soon in both countries, with plans to extend the services to more regions, the company said. The Gurugram-based company already operates in the UAE and Saudi Arabia through its own app. The partnership will help it grow its customer base by allowing users to book, manage, and rebook service professionals within Noon's digital platform. 'Partnering with Noon marks a step in our mission to bring quality home services to households in the Middle East. With Noon's scale and customer relationships, we're excited to build a seamless, tech-enabled service experience that redefines what great service looks like in Saudi Arabia and the UAE,' said Abhiraj Singh Bhal, chief executive and cofounder, Urban Company. Urban Company primarily functions within two major categories: beauty and wellness, and home repairs and maintenance . In the UAE, it will provide a range of services including cleaning and laundry; AC, plumbing, and electrical repairs; at-home salon, massage, and grooming services for both men and women; as well as babysitting, pet care, ironing, and packing. In Saudi Arabia, the offerings will include home cleaning, maintenance, and at-home massage and nail care services for women. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'With Urban Company's quality and Noon's reach, we're building a new standard for on-demand services — fast, reliable, and built around the customer,' said Faraz Khalid, chief executive, Noon. On April 28, Urban Company filed the draft red herring prospectus (DRHP) for a Rs 1,900-crore initial public offering (IPO). The company has trimmed the overall IPO size from an earlier planned Rs 3,000 crore. In the first nine months of FY25, Urban Company clocked operating revenue of Rs 846 crore, marking a 41% year-on-year (YoY) growth, ET had reported. The company also turned profitable in this period, posting a net profit of Rs 242 crore, against a loss of Rs 58 crore in April-December 2023.


Arabian Business
12-05-2025
- Business
- Arabian Business
noon, Urban Company launch home services in UAE, Saudi Arabia
noon, the Middle East's digital marketplace, has partnered with Urban Company to integrate home services directly into the noon app across the UAE and Saudi Arabia, the companies announced today. The partnership enables noon users to book, manage and schedule a range of home services through the platform, including cleaning, repairs and personal care services. noon & Urban Company collaborate 'This partnership puts trusted help one click closer. With Urban Company's quality and noon's reach, we're building a new standard for on-demand services — fast, reliable, and built around the customer,' Faraz Khalid, CEO of noon said. The collaboration marks noon's expansion beyond e-commerce, food delivery and fintech into home services, supporting its mission to reach 'every door, every day' in the region. 'Partnering with noon marks a step in our mission to bring quality home services to households in the Middle East. With noon's scale and customer relationships, we're excited to build a seamless, tech-enabled service experience that redefines what great service looks like in Saudi Arabia and the UAE,' Abhiraj Singh Bhal, CEO and Co-founder of Urban Company said. Urban Company, which was founded in India and operates in four countries as of December 2024, has served over 12 million unique consumers through a network of 48,169 trained average monthly active service professionals in the nine months ended December 31, 2024. In the UAE, services will include hourly and monthly cleaning plans, deep cleaning, laundry, AC, plumbing and electrical repairs, at-home salon and grooming services for men and women, as well as babysitting, pet care, ironing and packing services. View this post on Instagram A post shared by نون (@noon) Customers in Saudi Arabia will have access to hourly and monthly cleaning plans, deep home cleaning for sofas, carpets and kitchens, home maintenance including AC, electrical and carpentry services, and at-home massage and nail care for women. The integration will allow customers to book one-time services or subscribe to recurring plans, with the option to request the same service professional for consistency. The rollout will begin soon in both markets, with the full suite of booking and support features built directly into the noon app. Urban Company is currently preparing for an initial public offering in India, having filed a draft red herring prospectus on April 28, 2025, with the Securities and Exchange Board of India. noon launched in Saudi Arabia and the UAE in December 2017, expanding to Egypt in February 2019, and has grown to become the largest online shopping destination in the Middle East.


Zawya
12-05-2025
- Business
- Zawya
Noon and Urban Company Limited partner to deliver home services across UAE and KSA
● noon partners with Urban Company to launch home services across UAE and KSA, with bookings, support, and management available directly via the noon app. ● The partnership brings cleaning, repair, and personal care services to millions of customers — deepening noon's role in everyday life. ● Part of noon's mission to hit 'every door, every day' — expanding its app ecosystem beyond commerce, food, and fintech into quality, on-demand home services. Riyadh, KSA | Dubai, UAE: noon, the region's homegrown digital champion, has announced a partnership with Urban Company to bring seamless, quality home services to customers across the UAE and Saudi Arabia directly through the noon app. The launch marks noon's latest step in its mission to reach 'every door, every day,' growing beyond commerce, food, and fintech into tech-enabled home services. From deep cleans and AC repairs to salon treatments and babysitting, Urban Company's services will now be just a few taps away for noon customers. 'This partnership puts trusted help one click closer,' said Faraz Khalid, CEO, noon. 'With Urban Company's quality and noon's reach, we're building a new standard for on-demand services fast, reliable, and built around the customer.' Key benefits of the partnership include: ● Tech-enabled home and lifestyle services at regional scale ● Access to complementary customer bases, boosting loyalty and cross-sell ● Exclusive perks for noon One members over time ● Launches in both UAE and KSA, with plans to expand Abhiraj Singh Bhal, CEO & Co-founder, Urban Company: 'Partnering with noon marks a step in our mission to bring quality home services to households in the Middle East. With noon's scale and customer relationships, we're excited to build a seamless, tech-enabled service experience that redefines what great service looks like in Saudi Arabia, and the UAE.' Urban Company, founded in India and operating in four countries as of December 31, 2024, has facilitated transactions for over 12 million unique consumers since its inception through a network of 48,169 trained average monthly active service professionals in the nine months ended December 31, 2024. With this integration, customers in the UAE and KSA can book, manage, and rebook service professionals — all within noon's unified digital ecosystem. Urban Company's services on noon will include: In the UAE: ● Hourly and monthly cleaning plans, deep cleaning and laundry ● AC, plumbing, and electrical repairs ● At-home salon, massage, and grooming for men and women ● Babysitting, pet care, ironing, packing, and more In Saudi Arabia: ● Hourly and monthly cleaning plans ● Deep home cleaning (including sofas, carpets, kitchens) ● Home maintenance (AC, electrical, carpentry) ● At-home massage and nail care for women Customers can book one-off services or subscribe to recurring plans. They'll also be able to request the same service professional again for consistency and comfort. The rollout will begin soon across both markets, with full booking and support features built directly into the noon app. ABOUT was founded with the objective of fostering an ecosystem of regionally based digital companies in order to secure the region's digital landscape's future. noon's mission is to provide customers and companies in the Middle East region with outstanding value and support. On December 12th, 2017, noon launched its consumer platform in the Kingdom of Saudi Arabia and the United Arab Emirates. noon debuted in Egypt in February 2019 and has since evolved to become the largest online shopping destination in the Middle East. Primarily a digital e-commerce platform powered by in-house technological talent, noon has swiftly developed strong native capabilities throughout its marketplace, fulfillment, logistics, and payment systems. Media requests, including interviews, can be directed to pr@ ABOUT URBAN COMPANY LTD Urban Company Ltd is the leading online full-stack home and beauty services platform in India based on net transaction value in the nine months ended December 31, 2024, connecting customers with trained, verified service professionals across various categories including cleaning, beauty, home repair & maintenance, and more. With a strong presence in the UAE and KSA, the platform is committed to convenience, quality (delivered by trained service professionals), and customer satisfaction through its seamless app-based service delivery model. 'Urban Company Limited (formerly UrbanClap Technologies India Limited) (the 'Company') is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a [draft red herring prospectus dated April 28, 2025 ('DRHP') with the Securities and Exchange Board of India (SEBI'). The DRHP is available on the websites of our Company, at SEBI at as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited at Morgan Stanley India Company Private Limited at Goldman Sachs (India) Securities Private Limited at and JM Financial Limited at respectively, and the websites of the stock exchange(s) at and respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see 'Risk Factors' of the when available. Potential investors should not rely on the DRHP for any investment decision.'


Gulf Business
23-04-2025
- Automotive
- Gulf Business
ADNOC Distribution, noon strike quick-commerce partnership
Image: Supplied ADNOC Distribution and digital platform noon have entered a strategic partnership aimed at enhancing last-mile delivery services and redefining quick-commerce in the UAE, the companies announced on Tuesday. The partnership will see the establishment of new noon Minutes fulfilment hubs within ADNOC service stations across the UAE—home to the country's largest network of retail locations. The collaboration aims to bring ADNOC Oasis convenience store products to customers via noon's advanced, AI-powered logistics network, with deliveries promised in as little as 15 minutes. 'This partnership marks a new chapter in ADNOC Distribution's transformation,' said Engineer Bader Saeed Al Lamki, CEO of ADNOC Distribution. 'By combining our nationwide retail network with noon's advanced digital and logistics capabilities, we are accelerating our journey to turn service stations into smart convenience hubs — powered by technology and focused on delivering real value.' ADNOC Oasis products now available for doorstep delivery The initiative will integrate ADNOC's retail infrastructure with noon's AI-driven systems that offer dynamic inventory management, personalised recommendations, and real-time delivery route optimisation. ADNOC Oasis products will now be available for doorstep delivery through the ADNOC Distribution mobile app, fulfilled by noon riders. 'This collaboration is a major step forward in how we redefine convenience for customers in the UAE,' said noon CEO Faraz Khalid. 'With ADNOC Distribution as a key strategic partner, noon is stronger and even better positioned to serve our customers.' The move also supports ADNOC Distribution's strategy to expand its non-fuel retail footprint, deepen digital integration, and adopt emerging technologies such as AI to streamline operations and improve customer experience. noon minutes focused on ultra fast delivery With 551 service stations and 373 Oasis convenience stores across all seven emirates, The company also provides services such as EV charging, car washes, and lube changes. The partnership is expected to create new revenue streams and offer customers faster, more seamless access to retail products.